IONS — Stock Film
STOCK FILMSCENE 1/11IONS · $58.76
Stock Expert AI presents
IONS
Ionis Pharmaceuticals, Inc
~4 min film100% real numbers0 jargon
WHAT DOES THIS COMPANY DO?
Ionis Pharmaceuticals, Inc. A quick introduction.

On the stock market since 1991, it operates in the world of health and science. It has 1,402 employees. Now — the numbers.

on the stock market since 1991
1,402 employees
$8.8B market value
Revenue last year:
$0
The loss that same year:
$0
For every $1 it earns, the company spends $1.4.

The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.

THE SALES TREND
Sales are moving sideways.

No real growth (4% a year). Red columns mark years that ended in a loss.

$810.5M
2021
$587.4M
2022
$787.6M
2023
$705.1M
2024
$944M
2025
In the vault right now:
$0
DEBT: $2.6B
At this pace, that money lasts about 7 years.

Before the clock runs out, either sales must climb sharply or new money must come in. For now, time is on the company’s side.

INSIDE THE REPORT CARD

We compared this company with its own sector across five subjects.

A score of 50 means class average.

BUSINESS QUALITY
32
very weak

Clearly below the class average.

FINANCIAL STRENGTH
31
very weak

Clearly below the class average.

VALUATION
57
average

The price isn’t cheap next to earnings — that’s why this grade sits in the middle.

GROWTH
73
strong

Clearly above the class average — a step short of the very top.

PRICE MOMENTUM
33
very weak

Clearly below the class average.

WORTH WATCHING

Financial Strength: The cash-and-debt balance is thin; the buffer for hard times is slim.

Business Quality: Profit power and business quality trail similar companies in the sector.

THE COUNCIL REVIEW
9

angles, checked one by one.

The 4 that stand out are on screen; the rest came back neutral.

The council scores out of 10; report-card grades are out of 100.

STRENGTHS
Heavy investment in the future10/10
Few are betting against it10/10
WEAK SPOTS
Executives aren’t buying3/10
The stock has lost its spark3/10
WORTH WATCHING

Executive Buying: The trades send no strong signal of confidence.

THE FIVE-YEAR JOURNEY
Below the peak, but no collapse.

The stock trades 32% below its peak. The market has trimmed its expectations for the company.

1
THE BRIGHT SIDE · 1/3
Sales keep climbing

Over the last 3 years, sales grew about 17% a year on average.

2
THE BRIGHT SIDE · 2/3
Sales are holding up

The company sells $944M a year; the problem isn’t sales — it’s costs running above that number.

3
THE BRIGHT SIDE · 3/3
Delivers on expectations

It met or beat analyst expectations in 7 of the last 8 quarters — consistency is a promise kept.

1
THE RISKS · 1/3
The losses continue

A loss of $381M against $944M in annual sales.

2
THE RISKS · 2/3
A thin financial cushion

The balance sheet offers little cushion against a rough stretch. Report-card grade: 31/100.

3
THE RISKS · 3/3
The business trails its class

Measured against its sector, the quality of the business sits below the class average. Report-card grade: 32/100.

FINALE · THE GRADE
F
0 / 100 · MoonshotScore

On our five-subject report card, IONS sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”

The takeaway: IONS has solid sales but closed last year at a loss. The road back to profit runs through spending discipline.

The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.

Analysts’ average target sits above today’s price, yet the valuation grade (57/100) says the stock isn’t cheap.

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This was a film — not investment advice.
Data: FMP & company filings
Aug 21, 2026 · stockexpertai.com · Stock Film